I hope this guy is wrong about our future

[Zigenare]

Anything could happen. You could make a relevant point, theoretically.

I just did.

[Old Greg]

I just did.

Linky?

[JohntheBike]

Agreed.

Moreover, meanwhile, the debt the country has sunk itself in is reaching a stage whereby it cannot recover from. I know others would argue the BoE can print as much as it likes without limit. The truth is, a limit does indeed exist, and that limit is as much as can be recovered by taxes. Now whether the government likes it or not taxes must increase to a point the debt can be serviced. The voting Tory public are likely to find disagreement with this. Tough.

Rather like the central banks, government hands are tied. The only card left to play is to print endless amounts of cash. A lot of it. This reset will be nothing like we've seen since governments dropped out of the gold standard.

since governments dropped out of the gold standard

Gold Reserves - Countries - List

[DealorNoDeal]

This reset will be nothing like we've seen...

Debt wise, the UK is in a better position than many countries around the world. Obviously, if the Tories go on a spending splurge, it may not look so benign in a year or so.

The world looks a bit bust to me.

Global debt surged to a record $250 trillion in the first half of 2019, led by the US and China

[original PM]

Debt wise, the UK is in a better position than many countries around the world. Obviously, if the Tories go on a spending splurge, it may not look so benign in a year or so.

The world looks a bit bust to me.

Global debt surged to a record $250 trillion in the first half of 2019, led by the US and China

It is unlikely the Tories will have a huge spending splurge.

[JohntheBike]

Debt wise, the UK is in a better position than many countries around the world. Obviously, if the Tories go on a spending splurge, it may not look so benign in a year or so.

The world looks a bit bust to me.

Global debt surged to a record $250 trillion in the first half of 2019, led by the US and China

Global debt - who is it owed to? Someone must be in a pretty good position!

[BlasterBates]

Economy on the brink of contraction

Looks like the Tories are driving the economy down the plug hole.

[tazdevil]

Economy on the brink of contraction

Looks like the Tories are driving the economy down the plug hole.

Nope we'd have already been down the plug hole and swirling our way to the sea if Corbynski had got in. Boris just might make this Country a successful one relative to others. I'm looking forward to and have confidence in the future. We're certainly in a better place than if Labour had been given the chance to squander whatever the UK has

[DealorNoDeal]

Global debt - who is it owed to? Someone must be in a pretty good position!

Not if there are defaults, or the interest they receive doesn't keep pace with inflation.

These are on the rise:
https://www.bloomberg.com/graphics/negative-yield-bonds

[wattaj]

...We're certainly in a better place than if Labour had been given the chance to squander whatever the UK has.

Whilst one cannot be entirely happy with the state of UK politics or the UK's direction of travel for the foreseeable future, this statement is inevitably true.We would have been totally arse-****ed had the Corbyistas taken charge.